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The US Federal Reserve lowered interest rates for the first time in ten years at its last meeting in July. Since then, commercial uncertainties have shaken investors. The Fed, under the presidency of Jay Powell, is expected to follow the European Central Bank and cut rates by a quarter of a percentage point. Although Powell does not expect a recession, he believes the economic woes are worsening. Meanwhile, Donald Trump uses his Twitter feed to repeatedly ask for more aggressive monetary easing.
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